Qubole Raises $25M in Funding

Qubole, a Santa CLara, CA-based big data-as-a-service company, closed a $25m round of funding.

The round was led by Singtel Innov8 and Harmony Partners with participation from existing investors Charles River Ventures (CRV), Lightspeed Venture Partners, Norwest Venture Partners and Institutional Venture Partners (IVP).

The company intends to use the funds to expand its presence across South East Asia including India, Australia and Singapore.

Led by Ashish Thusoo, CEO, and Joydeep Sen Sarma, CTO, Qubole provides a cloud-based, context-aware, self-managing, and self-learning data platform, called Qubole Data Service (QDS), which aims to remove the burden of maintaining infrastructure and enables customers to focus on their data.
The company already services customers across India, including Ola Cabs, Saavn and Indix.

In addition to the funding, Qubole appointed Kevin Kennedy as Chief Operating Officer and Mohit Bhatnagar as Senior Vice President of Products.



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